Summary and analysis of Hong Kong's current retail real estate market conditions.
Insight
28 January 2026
Hong Kong Retail Market Dynamics Q4 2025
Categories:
- Leasing momentum moderates slightly in Q4 2025 compared with the strong pace seen in Q3 2025, while remaining robust.
- Prime shopping centre vacancy declines slightly from 9.9% in Q3 2025 to 9.7% in Q4 2025.
- Investment sentiment slightly moderates in Q4 2025.